How much CPU time is needed to mine 1 bitcoin? - Quora

Bitcoin Mining Forums: Turning Computers Into Cash Since 2011

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Mining Bitcoin

Bitcoin mining is analogous to the mining of gold, but its digital form. The process involves specialized computers solving algorithmic equations or hash functions. These problems help miners to confirm blocks of transactions held within the network. Bitcoin mining provides a reward for miners by paying out in Bitcoin in turn the miners confirm transactions on the blockchain. Miners introduce new Bitcoin into the network and also secure the system with transaction confirmation.
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All Bitcoin News. All Bitcoin discussion. All the time. BitcoinAll.

All Bitcoin News. All Bitcoin discussion. All the time. BitcoinAll.
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Pi Network is being popular since its release. In future, Pi Coin will be like Bitcoin. Cryptocurrency experts predicts the value of Pi coin to be 0.4$ to 1$ after March 21, 2021. It could reach 100$ till 2024. Its time to mine Pi coin like Bitcoin.

submitted by suzzil60 to PiNetworkMining [link] [comments]

Crypto Tab Browser : Earn 8x Times Faster Bitcoin Mining Without Investment Earn 1 Bitcoin 2020

Crypto Tab Browser : Earn 8x Times Faster Bitcoin Mining Without Investment Earn 1 Bitcoin 2020 submitted by fortnite4technics to u/fortnite4technics [link] [comments]

Crypto Tab Browser : Earn 8x Times Faster Bitcoin Mining Without Investment Earn 1 Bitcoin 2020

Crypto Tab Browser : Earn 8x Times Faster Bitcoin Mining Without Investment Earn 1 Bitcoin 2020 submitted by fortnite4technics to u/fortnite4technics [link] [comments]

Crypto Tab Browser : Earn 8x Times Faster Bitcoin Mining Without Investment Earn 1 Bitcoin 2020

Crypto Tab Browser : Earn 8x Times Faster Bitcoin Mining Without Investment Earn 1 Bitcoin 2020 submitted by fortnite4technics to u/fortnite4technics [link] [comments]

Grayscale is Now Buying 1.5 Times the Amount of Bitcoin Being Mined

submitted by VeeAar to BitcoinNewz [link] [comments]

Grayscale is Now Buying 1.5 Times the Amount of Bitcoin Being Mined

submitted by VeeAar to FreeKarma4You [link] [comments]

Grayscale Bitcoin Trust Buys Over 1.5 Times Total BTC Mined Since Halving

Grayscale Bitcoin Trust Buys Over 1.5 Times Total BTC Mined Since Halving submitted by Ranzware to BitNewsLive [link] [comments]

Grayscale Bitcoin Trust Buys Over 1.5 Times Total BTC Mined Since Halving

Grayscale Bitcoin Trust Buys Over 1.5 Times Total BTC Mined Since Halving submitted by n4bb to CoinPath [link] [comments]

Grayscale Is Now Buying 1.5 Times the Amount of Bitcoin Being Mined

Grayscale Is Now Buying 1.5 Times the Amount of Bitcoin Being Mined submitted by raaner12 to Altcoinss [link] [comments]

Grayscale is Now Buying 1.5 Times the Amount of Bitcoin Being Mined

Grayscale is Now Buying 1.5 Times the Amount of Bitcoin Being Mined submitted by Ranzware to BitNewsLive [link] [comments]

Grayscale Bitcoin Trust Buys Over 1.5 Times Total BTC Mined Since Halving

Grayscale Bitcoin Trust Buys Over 1.5 Times Total BTC Mined Since Halving submitted by Ranzware to BitNewsLive [link] [comments]

Grayscale is Now Buying 1.5 Times the Amount of Bitcoin Being Mined

Grayscale is Now Buying 1.5 Times the Amount of Bitcoin Being Mined submitted by InTheKnow_2016 to mrcryptolive [link] [comments]

Grayscale is Now Buying 1.5 Times the Amount of Bitcoin Being Mined

Grayscale is Now Buying 1.5 Times the Amount of Bitcoin Being Mined submitted by somuchinfook to u/somuchinfook [link] [comments]

The Bitcoin.com mining pool has surpassed 1 Exahash for the fist time. If you care about free markets join us today!

The Bitcoin.com mining pool has surpassed 1 Exahash for the fist time. If you care about free markets join us today! submitted by MemoryDealers to btc [link] [comments]

ALWAYS REMEMBER #Fake News fear & the Great Capitulator (Peter L. Brandt) that tried STEALING YOUR Crypto. NO FEAR during times of uncertainty is very difficult. The BRAVE will be rewarded!! Congrats to HODL'ers. Cost to mine 1 BTC soon rises to $12,000+. As will Bitcoin.

ALWAYS REMEMBER #Fake News fear & the Great Capitulator (Peter L. Brandt) that tried STEALING YOUR Crypto. NO FEAR during times of uncertainty is very difficult. The BRAVE will be rewarded!! Congrats to HODL'ers. Cost to mine 1 BTC soon rises to $12,000+. As will Bitcoin. submitted by hivewalletvictim to NewYorkCoin [link] [comments]

12-23 14:24 - '**Steven Mnuchin** was choose to pull another housing scam this time with FNMA watch carefully / 1. LOOK At this [[link]] More People are now Mining TTN 30TTN/block chain verification!!! Very profitable / 2. BUY 1million TTN...' by /u/TeaTeaNCoin removed from /r/Bitcoin within 0-7min

'''
Steven Mnuchin was choose to pull another housing scam this time with FNMA watch carefully
  1. LOOK At this [[link]2 More People are now Mining TTN 30TTN/block chain verification!!! Very profitable
  2. BUY 1million TTN for 600USD mine Concurrently BUY and mine!
'''
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Go1dfish undelete link
unreddit undelete link
Author: TeaTeaNCoin
1: p*o*explorer.*om/*oi*/*835 2: poolex**o*er.*om**oin/*835]*^1
Unknown links are censored to prevent spreading illicit content.
submitted by removalbot to removalbot [link] [comments]

TIL in 2011 a user running a modified mining client intentionally underpaid himself 1 satoshi, which is the only time bitcoin have ever truly been destroyed.

In block 124724 you'll find txid 5d80a29b which has a payout of 49.99999999 BTC at a time when the block reward was 50 BTC. A transaction fee of 0.01 BTC was also forfeited. This bitcoin no longer exists anywhere in the network, as opposed to "burned" coins which technically still exist in a wallet which no one can ever access (ex: 1BitcoinEaterAddressDontSendf59kuE).
On bitcointalk user midnightmagic explains a deeper meaning behind this:
I did it as a tribute to our missing Satoshi: we are missing Satoshi, and now the blockchain is missing 1 Satoshi too, for all time.
EDIT: Users have pointed out in the comments that this isn't actually the only time coins have been destroyed, there are actually several different ways coins have been destroyed in the past. sumBTC also points out that the satoshi wasn't destroyed-- it was never created in the first place.
Another interesting way to destroy coins is by creating a duplicate transaction. This is again done with a modified client. For example see block 91722 and block 91880. They both contain txid e3bf3d07. The newer transaction essentially overwrites the old transaction, destroying the previous one and the associated coins. This issue was briefly discussed on Github #612 and determined to not be a big deal. In 2012 they realized that duplicated transactions could be used as part of an attack on the network so this was fixed and is no longer possible.
Provably burning coins was actually added as a feature in 2014 via OP_RETURN. Transactions marked with this opcode MAY be pruned from a client's unspent transaction database. Whether or not these coins still exist is a matter of opinion.
Finally, at least 1,000 blocks forfeited transactions fees due to a software bug. Forfeited transaction fees are lost forever and are unaccounted for in any wallet.
Further reading: https://bitcoin.stackexchange.com/questions/30862/how-much-bitcoin-is-lost-on-average/30864#30864 https://bitcoin.stackexchange.com/questions/38994/will-there-be-21-million-bitcoins-eventually/38998#38998
submitted by NewLlama to Bitcoin [link] [comments]

Earn 8x Times Faster Bitcoin Mining Without Investment Earn 1 Bitcoin 2019

Earn 8x Times Faster Bitcoin Mining Without Investment Earn 1 Bitcoin 2019 submitted by W1ngIt to hahahahahahahah [link] [comments]

Earn 8x Times Faster Bitcoin Mining Without Investment Earn 1 Bitcoin 2019

Earn 8x Times Faster Bitcoin Mining Without Investment Earn 1 Bitcoin 2019 submitted by ososru to Bitcoin4free [link] [comments]

Earn 8x Times Faster Bitcoin Mining Without Investment Earn 1 Bitcoin 2019

Earn 8x Times Faster Bitcoin Mining Without Investment Earn 1 Bitcoin 2019 submitted by Rufflenator to 3bitcoins [link] [comments]

Earn 8x Times Faster Bitcoin Mining Without Investment Earn 1 Bitcoin 2019

Earn 8x Times Faster Bitcoin Mining Without Investment Earn 1 Bitcoin 2019 submitted by Hellterskelt to bitcoin_is_dead [link] [comments]

Earn 8x Times Faster Bitcoin Mining Without Investment Earn 1 Bitcoin 2019

Earn 8x Times Faster Bitcoin Mining Without Investment Earn 1 Bitcoin 2019 submitted by Leka213 to CryptocurrencyToday [link] [comments]

Bitcoin mining is a full time job How Much Time Takes To Mine One Bitcoin ? Crypto Tab Browser : Earn 8x Times Faster Bitcoin Mining ... Bitcoin Mining - Time to Worry? Verdienen Sie täglich 1 BTC in Bitcoin-Bergbauprojekten ...

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Bitcoin mining is a full time job

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